kindred group commits stockholm urban escape office migration

European online gambling firm Kindred Group Plc has confirmed that it will move its ‘home’ Stockholm office to new premises within the ‘Urban Escape Project’ in central Stockholm, a business property currently being developed by AMF Fastigheter.

Updating stakeholders, Kindred details that it has agreed to terms with AMF Fastigheter with a view to move its Stockholm operations to the ‘Urban Escape Project’.

Its future office migration will see Kindred Stockholm double its office space from the current 3,000 sqm to 8,000 sqm. Furthermore, Kindred gains a state-of-art working environment for its current and future employees.

At present, Kindred employs approximately 1,400 staff globally, of which around 250 are currently based in Stockholm. Updating the media, Kindred governance states that it will likely double its Stockholm in the coming years.

Commenting on the corporate update, Henrik Tjärnström, CEO of Kindred Group detailed

”I am delighted to be able to announce Urban Escape as Kindred’s next home in Stockholm. We are a company at the forefront of our industry with high growth in a market where competition for skilled and ambitious employees is tuff. Through our new base in Stockholm, we will be able to continue our exciting journey and be regarded as one of Stockholm’s most attractive places to work”.

Closing is expected to take place during Spring 2019. Tenant & Partner have acted as advisors to Kindred Group.